Chapter 357: Investment is the only way to get a report
Chapter 357: Investment brings returns
Behind the villa, on a terrace facing the garden, An Rusong and Bai Jinjun sat opposite each other, with a round rattan booth between them, and the chairs they sat on were also rattan. These rattan chairs should be specially prepared for summer, because An Rusong remembered clearly that when he came last time, the chairs placed here were small fabric sofas.
"What did you talk about with Mr. Cui?" Bai Jinjun had just invited An Rushong over. The two of them, each holding a glass of champagne, ran here to get some quiet time. By the way, Bai Jinjun also wanted to find out some inside information.
An Rusong held a glass of champagne in his right hand and spread his left hand on the booth, saying, "I plan to invest in an entertainment company under my own name. The tentative investment amount is 12 billion won."
"Then what?" Bai Jinjun asked with a smile.
"Mr. Choi Myeong-deok will be the second investor. He will invest his personal talents and 4 million won in capital and hold percent of the company's shares," An Rusong continued.
"Haha, not bad," Bai Jinjun laughed, "The situation is much better than I thought. At least you still own 60% of the company's shares, which means that the actual control of the company is still in your hands."
An Rusong also smiled. He took a sip of champagne and continued, "Mr. Cui hopes to create more training opportunities for his grandson. Well, the so-called more training opportunities include not only training in directing film and television dramas, but also training in company management and decision-making. So, Brother Jin Jun, you know..."
The corners of Bai Jinjun's lips twitched. An Rushong's meaning was very clear. In this company where he had invested the vast majority of the capital, Cui Mingde would not only occupy 40% of the shares, but also have to control the actual management and operating rights of the company. As the largest shareholder and the largest investor, all An Rushong needed to do was to wait for dividends.
"That's not bad, at least there's a right to dividends," he said after a moment of silence, with an unnatural expression, "From now on, Mr. Cui will be in charge of the 'Broadcasting and Communications Commission', and I heard that Cui Mingde is quite talented in directing. With these two points combined, the company's profits should be guaranteed."
The logic is very clear. Choi Si-jung is in charge of the "South Korea Communications Commission", which is equivalent to the emperor of all radio and television stations in South Korea. At the same time, his grandson is a film and television director. Combining the two, is there any need to worry that the film and television dramas directed by Choi Myung-deok will not be sold or cannot be sold at a high price?
There may not be many people in this world who truly understand how to grasp the public's preferences in watching movies and TV shows, but there will always be many people who are good at flattering and bootlicking.
In response to Bai Jinjun's comfort, An Rushong did not say anything. He just smiled with an ambiguous expression on his face.
"No dividends?" Bai Jinjun seemed to realize something. He blinked and his voice suddenly rose.
"No, no, no," An Rusong said hastily, "Of course there are dividends..."
Bai Jinjun breathed a sigh of relief. He thought the old man was really so evil that he would even kill his own people.
"Mr. Cui just suggested that considering the long-term and healthy development of the company, it would be best not to implement the dividend plan in the next five years," An Rushong added.
Bai Jinjun just exhaled half a breath, but was forced to hold it back. Just looking at his face that was slightly blue under the light, you could tell that he was a little annoyed.
In fact, the reason why Baek Jin-jun was angry was very simple. As a politician who successfully won the presidential election, it is impossible that Lee Min-bo has only Baek Jin-jun as his confidant. On the contrary, there are many people who gather around him, work for him and are trusted by him. Baek Jin-jun is one of them, and Choi Shi-jung is also one of them.
As for An Rushong, he has joined Li Minbo for a relatively short time, but one thing that is clear is that he joined Li Minbo's group under the leadership of Bai Jinjun. From another perspective, he can be regarded as a member of Bai Jinjun's lineage.
Now that Cui Shizhong has treated An Rushong so cruelly, Bai Jinjun will naturally have many associations, and the first one among these many associations must be that Cui Shizhong does not give him face, or even deliberately targets him.
"Haha, Brother Jin Jun," An Rusong suddenly laughed out loud after noticing the other party's emotional change. He put the champagne in his hand on the table, leaned forward, and said in a low voice, "Don't get me wrong, I'm not complaining about Mr. Cui, but I'm grateful to him."
He emphasized, "I am really grateful to him, not sarcastic." Bai Jinjun glanced over, his expression still ambiguous. In his opinion, An Rusong was obviously comforting him at this time. The investment of 1.2 billion won, even at the current exchange rate, is nearly one million US dollars. Bai Jinjun is indeed rich, but one million US dollars is probably not a small amount for anyone.
According to what An Rusong said just now, the 1.2 billion won he invested was actually a gift to Cui Mingde for free, and what he could get in return was just a loosening of the other party's grip on the copyrights of several TV stations' films and TV series - the copyrights of several TV stations' films and TV series, and online copyrights, how much can they be worth? The most important thing is that An Rusong can't take these copyrights away for nothing. Even if he made an investment for Cui Shizhong's grandson, he still needed to buy these copyrights with real money.
What could Cui Shizhong do during this process? Wasn't it just a matter of a few words? Such a simple request, but he actually demanded so much money. Was this old man really so shameless as to want money? !
Obviously seeing what Bai Jinjun was thinking, An Rusong moved the seat under his butt towards him, so that the two of them were closer, and then continued: "Don't worry, Brother Jinjun, compared to the value of these film and television copyrights, the little investment I made today is nothing at all."
He paused and glanced at the entrance to the terrace behind him before reaching into the bosom of his suit and pulling out a palm-sized piece of paper from the lining pocket.
This palm-sized piece of paper was a document, the size of which should be a standard A4 paper, it was just folded up. An Rusong unfolded it, placed it on the table in front of him, gently pushed it in front of Bai Jinjun, and said, "Most importantly, Mr. Cui also revealed a piece of information to me. This piece of information alone is worth 12 billion won."
"Oh?" Bai Jinjun glanced at him, then lowered his head to look at the document on the table.
This is an official government department report, titled "2007 Copyright Protection Annual Report", and the drafting agency of the report is the Copyright Protection Agency of the Republic of Korea.
This report is obviously incomplete. Most of the front part has been torn off, leaving only the contents from pages 21 to 28 at the end.
With the light coming through the window, Bai Jinjun carefully read the contents of the report and found that it was the Copyright Protection Agency's statistics on copyright infringement issues in South Korea in the previous year. According to the report, the number of infringing copies in South Korea last year reached 23.8 billion, an increase of 14% over the previous year. More than % of these infringing copies are digital copies, and their main distribution channel is the Internet.
Affected by this, the Copyright Protection Agency believes that the scale of damage to the Korean legal copyright market increased by 2006% last year compared to 2.4, and the amount of damage was approximately 2.38 trillion won.
Based on this, the Copyright Protection Board proposed that the Copyright Protection Board, the Supreme Prosecutor's Office, and the Ministry of Culture, Sports and Tourism should jointly establish a complete and strict regulatory system to crack down on the widespread copyright infringement on the Internet.
Bai Jinjun quickly finished reading the document. He blinked, a moment of confusion appeared on his face. After a few seconds, he hissed and said, "I remember now. I seem to have seen this report. Yes, it should have been a few days ago, but I can't remember the exact date."
Instead of continuing the discussion, An Rusong said, "Brother Jin Jun, you may not be familiar with the current situation of online copyrights for domestic film and television dramas."
He reached out and tapped on the document, saying, "As the report says, on the domestic Internet, the copyright of movies and TV series, especially those that have been released for a while, is generally not taken seriously. There are a large number of illegal websites that rely on providing downloads of these movies and TV series to trick users into clicking on ads and make illegal profits."
"Due to the lack of corresponding legislation and regulatory measures, this kind of infringement of online copyright has become commonplace, and is even considered normal by most people," An Rusong continued. "Of course, it is also because of this that the online copyright of film and television dramas is very cheap now. My friend has negotiated the copyrights of several companies' film and television dramas, variety shows, and even songs in the past period of time, and the prices are very low. It's just that a few state-owned TV stations, because of their large scale, didn't take the copyright fees seriously, so they failed to get them."
Bai Jinjun's eyes flickered, and he seemed to have thought of something, so he said, "I understand what you mean. Mr. Cui, can you provide some help to your friend so that he can..."
He reached out and tapped the report. "Before the new measures are officially announced and implemented, take down the copyrights of several TV stations' films and TV series?"
An Rusong didn't say anything. He pursed his lips and smiled, saying, "In fact, when my friend decided to invest in this project, he also took into account that Internet copyright supervision of film and television works would definitely be tightened gradually. As long as this trend exists, hoarding a certain amount of online copyrights of film and television works in advance is equivalent to locking in a batch of network traffic in advance. This is definitely a business that is sure to make money."
(End of this chapter)